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Apollo's Chief Economist Questions AI's Productivity Gains

Original: Apollo’s Chief Economist Doubts AI’s Productivity Gains And Accountability As PE Firms Rush To Finance It

Apollo Global Management's chief economist Torsten Slok is voicing skepticism about artificial intelligence, questioning whether the technology will deliver the productivity gains its backers promise and who will be accountable if it fails. His comments come as private equity firms rush to finance AI projects, raising concerns that Wall Street enthusiasm is outpacing realistic assessments of returns.

Why now: Private equity firms are pouring money into AI financing while a prominent economist publicly warns the productivity payoff is uncertain.

Apollo Global ManagementTorsten Slok

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• Apollo’s Chief Economist Doubts AI’s Productivity Gains And Accountability As PE Firms Rush To Finance It · Forbes

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